Icici ridiculous. I am trapped with these blood suckers. Got a loan at very attractive rate at 10.25%, but slowly and gradually they increased the rate of interest to 12% without intimation.
After 3 year when I visited their branch and inquired about it. They said I have to pay Rs25, 000 to reset my base rate. Which I paid and my based rate and my ROI came back to 10.50%. After 6 months they again started the same trick, gradually and slowly increased the rate of interest by incrementing it by 0.25% every quarter. Again currently I am paying ROI of 11.75%, whereas I am still able to see on various websites they are claiming to give loan on 10.15% to new customers.